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Automobile Audio Product Manufacturing in China - Market Research Report (2013-2028)

Tracy Li Tracy Li Beijing, China Last Updated: November 2023 4072a

Revenue

$9.1bn

2023

$9.1bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

93,858

Businesses

200

Wages

$XXX.Xm

Automobile Audio Product Manufacturing in China industry analysis

Revenue for the Automobile Audio Product Manufacturing industry in China is estimated to decrease at a CAGR of 3.1% over the five years through 2023, to total $9.1 billion. This trend includes expected increase of 2.1% in 2023.

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    Market size and recent performance (2013-2028)

    Industry revenue has declined at a CAGR of -3.1% over the past five years, to reach an estimated $9.1bn in 2023.

    Trends and Insights

    Biggest companies in the Automobile Audio Product Manufacturing in China

    Company
    2023
    Market Share (%)
    2023
    Revenue ($m)
    2023
    Profit ($m)
    2023
    Profit Margin (%)
    2023
    Harman International (China) Holdings Co., Ltd.
    Pioneer Electronics (China) Investment Co., Ltd.
    Huizhou Desay SV Automotive Co., Ltd.

    To view the market share and analysis for all 5 top companies in this industry, view purchase options.

    Products & Services Segmentation

    Industry revenue is measured across several distinct product and services lines, including DVD navigation systems, Automobile MP5 players and Automobile DVD players. DVD navigation systems is the largest segment of the Automobile Audio Product Manufacturing in China.

    Trends and Insights

    <LI>Digital video disc (DVD) navigation system is a machine installed on a car to provide navigation, vehicle detection, internet surfing, reverse movie and video playback for drivers and passengers.

    • </LI><LI>DVD navigation systems usually come with LCD displays. They are either preloaded into medium- and high-end cars or installed as an upgrade when a car is purchased. </LI><LI>This product segment is expected to make up 48.6% of industry revenue in 2023.</LI>
    • More insights available in the full report

    Table of Contents

    About this industry

    Industry definition

    Revenue for the Automobile Audio Product Manufacturing industry in China is estimated to decrease at a CAGR of 3.1% over the five years through 2023, to total $9.1 billion. This trend includes expected increase of 2.1% in 2023.

    What's included in this industry?

    DVD navigation systemsAutomobile MP5 playersAutomobile DVD playersOthers productsDVD navigation systemsAutomobile MP5 playersAutomobile DVD playersOthers products

    Companies

    Harman International (China) Holdings Co., Ltd.Pioneer Electronics (China) Investment Co., Ltd.Huizhou Desay SV Automotive Co., Ltd.

    Purchase this report to view all 5 major companies in this industry.

    Related Terms

    AFTER MARKETMP3ORIGINAL EQUIPMENT MANUFACTURER (OEM)

    Industry Code

    4072a - Automobile Audio Product Manufacturing in China

    Performance

    Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

    Analyst insights

    Downstream Demand - Automobile and Light Duty Motor Vehicle Manufacturing. As automobile audio products are mainly sold to auto manufacturers, rising demand for automobiles pr...

    In this chapter (4)

    • Current Performance
    • Outlook
    • Volatility
    • Life Cycle

    Key metrics

    • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
    • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
    • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
    • Total Profit, Profit Margin, Profit per Business

    Charts

    • Revenue, including historical (2013-2022) and forecast (2023-2028)
    • Employees, including historical (2013-2022) and forecast (2023-2028)
    • Businesses, including historical (2013-2022) and forecast (2023-2028)
    • Profit, including historical (2013-2023)
    • Industry Volatility vs. Revenue Growth
    • Industry Life Cycle

    Detailed analysis

    • Trends in supply, demand and current events that are driving current industry performance
    • Expected trends, economic factors and ongoing events that drive the industry's outlook
    • Key success factors for businesses to overcome volatility
    • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

    Products and Markets

    Learn about an industry's products and services, markets and trends in international trade.

    Analyst insight

    <B>DVD navigation systems are usually equipped in the medium- and high-end cars</B>. <LI>Digital video disc (DVD) navigation system is a machine installed on a car to provide ...

    In this chapter

    • Products & Services
    • Major Markets
    • International Trade

    Key metrics

    • Largest market segment and value in 2023
    • Product innovation level
    • Total imports, level and trend
    • Total exports, level and trend
    • Trade Balance

    Charts

    • Products & services segmentation in 2023
    • Major market segmentation in 2023
    • International trade, including imports by country and exports by country

    Detailed analysis

    • Trends impacting the recent performance of the industry's various segments
    • Innovations in the industry's product or service offering, specialization or delivery method
    • Key factors that successful businesses consider in their offerings
    • Buying segments and key trends influencing demand for industry products and services
    • Recent trends in import and export volumes, country of origin or destination, and expected future trends

    Geographic Breakdown

    Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

    Analyst insights

    <B>Guangdong is the largest automobile audio product production base</B>. <LI>Guangdong has the most enterprises in this industry, and is the largest production and processing...

    In this chapter (1)

    • Business Locations

    Charts

    • Share of revenue, establishment, wages and employment in each region
    • Share of population compared to establishments in each region in 2023

    Tables

    • Number and share of establishments in each region in 2023
    • Number and share of revenue each region accounts for in 2023
    • Number and share of wages each region accounts for in 2023
    • Number and share of employees in each region in 2023

    Detailed analysis

    • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
    • Key success factors for businesses to use location to their advantage

    Competitive Forces

    Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

    Analyst insights

    Secure export markets. Exports are very important for many enterprises in the industry. Enterprises with subsidiaries in foreign countries are well positioned to expand export...

    In this chapter (4)

    • Concentration
    • Barriers to Entry
    • Substitutes
    • Buyer & Supplier Analysis

    Key metrics

    • Industry concentration level
    • Industry competition level and trend
    • Barriers to entry level and trend
    • Substitutes level and trend
    • Buyer power level and trend
    • Supplier power level and trend

    Charts

    • Market share concentration among the top 4 suppliers from 2018-2023
    • Supply chain including upstream supplying industries and downstream buying industries, flow chart

    Detailed analysis

    • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
    • Key success factors for businesses to manage the competitive environment of the industry.
    • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
    • Key success factors for potential entrants to overcome barriers to entry.
    • Competitive threats from potential substitutes for the industry’s own products and services.
    • Key success factors for how successful businesses can compete with substitutes.
    • Advantages that buyers have to keep favorable purchasing conditions.
    • Advantages that suppliers have to maintain favorable selling conditions.
    • Key success factors for how businesses can navigate buyer and supplier power.

    Companies

    Learn about the performance of the top companies in the industry.

    Analyst insights

    Description Located in Shanghai city, Harman International (China) Holdings Co., Ltd. (Harman China) was set up in June 2009, with the registered capital of $55 million. Harm...

    In this chapter

    • Market Share Concentration
    • Companies
    • Company Spotlights

    Charts

    • Industry market share by company in 2019 through 2023
    • Major companies in the industry, including market share, revenue, profit and profit margin in 2023
    • Overview of Harman International (China) Holdings Co., Ltd.'s performance by revenue, market share and profit margin from 2017 through 2023
    • Overview of Pioneer Electronics (China) Investment Co., Ltd.'s performance by revenue, market share and profit margin from 2017 through 2023
    • Overview of Huizhou Desay SV Automotive Co., Ltd.'s performance by revenue, market share and profit margin from 2017 through 2023
    • Overview of revenue, market share and profit margin trend for 2 additional companies

    Detailed analysis

    • Description and key data for Harman International (China) Holdings Co., Ltd., and factors influencing its performance in the industry
    • Description and key data for Pioneer Electronics (China) Investment Co., Ltd., and factors influencing its performance in the industry
    • Description and key data for Huizhou Desay SV Automotive Co., Ltd., and factors influencing its performance in the industry
    • Description, key data and performance trends for 2 additional companies

    External Environment

    Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

    Analyst insights

    <B>The Guidance on Promoting Brand Building in the New Era</B>

    In this chapter

    • External Drivers
    • Regulation & Policy
    • Assistance

    Key metrics

    • Regulation & policy level and trend
    • Assistance level and trend

    Charts

      Detailed analysis

      • Demographic and macroeconomic factors influencing the industry
      • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
      • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

      Key Statistics

      Industry Data

      Data Tables

      Including values and annual change:

      • Revenue (2013-2028)
      • IVA (2013-2028)
      • Establishments (2013-2028)
      • Enterprises (2013-2028)
      • Employment (2013-2028)
      • Exports (2013-2028)
      • Imports (2013-2028)
      • Wages (2013-2028)

      Top Questions Answered

      Unlock comprehensive answers and precise data upon purchase. View purchase options.

      What is the estimated market size of the Automobile Audio Product Manufacturing industry in China in 2023?

      The market size of the Automobile Audio Product Manufacturing industry in China is $9.1bn in 2023.

      How many businesses are there in the Automobile Audio Product Manufacturing in China industry in 2023?

      There are 200 businesses in the Automobile Audio Product Manufacturing industry in China, which has declined at a CAGR of -4.2% between 2018 and 2023.

      Has the Automobile Audio Product Manufacturing industry in China grown or declined over the past 5 years?

      The market size of the Automobile Audio Product Manufacturing industry in China has been at a CAGR of -3.1% between 2018 and 2023.

      What is the forecast growth of the Automobile Audio Product Manufacturing industry in China over the next 5 years?

      The Automobile Audio Product Manufacturing in China market is forecast to over the five years from 2023 to 2028

      What are the biggest companies in the Automobile Audio Product Manufacturing market in China?

      The biggest companies operating in the Automobile Audio Product Manufacturing market in China are Harman International (China) Holdings Co., Ltd., Pioneer Electronics (China) Investment Co., Ltd. and Huizhou Desay SV Automotive Co., Ltd.

      What does the Automobile Audio Product Manufacturing in China include?

      DVD navigation systems and Automobile MP5 players are part of the Automobile Audio Product Manufacturing industry.

      Which companies have the highest market share in the Automobile Audio Product Manufacturing in China?

      The company holding the most market share in China is Harman International (China) Holdings Co., Ltd..

      How many people are/were employed in the Automobile Audio Product Manufacturing in China in 2023?

      There are 93,858 employed in the Automobile Audio Product Manufacturing industry in China 2023.

      Widen your competitive advantage with related industries

      Related Domestic Industries

      • Operators in this industry manufacture household video equipment like televisions, DVD players, video recorders, video players and digital video cameras.
      • Businesses in this industry manufacture a variety of audio equipment like radios, MP3 players, karaoke machines, sound recorders, home theatre equipment and dictation recording devices.
      • Operators in this industry specialize in retailing household electric appliances, including audio equipment.

      View all industries in China

      Methodology

      How are IBISWorld reports created?

      IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

      Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

      IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

      What data sources do IBISWorld analysts use?

      Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

      Key data sources in China include:

      • National Bureau of Statistics China
      • General Administration of Customs
      • People’s Bank of China

      Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

      These sources include:

      • Industry and trade associations
      • Industry federations or regulators
      • Major industry players annual or quarterly filings

      Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

      How does IBISWorld forecast its data?

      IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

      IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

      Learn more about our methodology and data sourcing on the Help Center.